Add-on Acquisition • Software

Corrisoft Acquires Paperless Business Solutions

On December 15, 2015, Corrisoft acquired software company Paperless Business Solutions

Acquisition Context

This is Corrisoft’s 1st transaction in the Software sector.
This is Corrisoft’s 1st transaction in the United States.
This is Corrisoft’s 1st transaction in Indiana.

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M&A Deal Summary
Date	December 15, 2015
Target	Paperless Business Solutions
Sector	Software
Buyer(s)	Corrisoft
Deal Type	Add-on Acquisition

Target Company

Paperless Business Solutions

Rochester, Indiana, United States

Paperless Business Solutions LLC is a software company provides case management solutions to corrections agencies, drug courts, and rehabilitative programs.

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Buyer Overview 1

Buyer

Corrisoft

Lexington, Kentucky, United States

Category	Company
Founded	2009
Sector	Information Technology

DESCRIPTION

Corrisoft LLC is a technology and services company supporting community-based agencies with a smartphone-based offender supervision program.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Indiana	1 of 1
Country: United States	1 of 1
Year: 2015	1 of 1

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